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Nation’s Restaurant News: Restaurant Sales Drop in May
According to the National Restaurant Association’s latest Restaurant Performance Index, more operators saw same-store sales decline.
Restaurant sales softened in May, along with operator expectations, as the industry continued its choppy 2016, according to the latest Restaurant Performance Index from the National Restaurant Association.
The monthly indication of the health of the industry fell 0.9 percent to 100.6 in May, from 101.6 in April. The NRA considers the industry to be in expansion mode if the index is above 100.
“The RPI continued along a choppy trend line in May, with the index bouncing between moderate gains and losses in recent months,” Hudson Riehle, senior vice president of research for the NRA, said in a statement.
“Much of the May dip came from declines in the same-store sales and customer traffic indicators, which softened from their stronger April performance.”
The index is comprised of two parts: one that measures the current situation, and another that measures operators’ expectations. The index is calculated using responses to the association’s monthly operator survey.
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Cassidy McAloon
FollowCassie has over five years of digital and traditional media experience. She joined NLA after working as a television news producer in both Milwaukee and Chicago, and now specializes in aligning strategies across the board for her clients, ultimately building buzz and telling compelling stories through content marketing, social media, digital campaigns and traditional PR.
Cassie has a Bachelor of Arts in Broadcast and Electronic Communications from Marquette University. In her spare time, Cassie enjoys traveling and exploring what new cities have to offer in addition to spending time with her friends and family.
